Asyst-Shinko Completes Installation of $10 Million AMHS System for New 200mm Fab in China.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--March 10, 2003 Second Major Chinese AMHS AMHS ATS Message Handling System (air traffic control) AMHS Alaska Marine Highway System AMHS Automated Message Handling System AMHS Aeronautical Message Handling System AMHS Academic Magnet High School Project Affirms Asyst's Leading Automation Market Position in China and Continues Asyst-Shinko's Penetration into 200mm Marketplace Asyst Technologies, Inc. (Nasdaq:ASYT) today announced that its majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. and joint venture partner, Asyst-Shinko Inc. (ASI ASI, n See Anxiety Sensitivity Index. ), has substantially completed installation of a $10 million Automated Materials Handling Materials handling The loading, moving, and unloading of materials. The hundreds of different ways of handling materials are generally classified according to the type of equipment used. System (AMHS) in a new 200mm fab in Shanghai, China. This is ASI's second 200mm fab project in China, following closely on the heels of the company's first win, announced in January of this year. Already the leading provider of 300mm AMHS, having won 8 of the 14 300mm AMHS installed to date, Asyst-Shinko has significantly expanded its 200mm capabilities to take advantage of the significant market opportunities in China. ASI also is able to leverage the strong China market position of its U.S. joint venture partner, Asyst Technologies. Asyst is the leading provider to China of standard mechanical interface (SMIF SMIF Standard Mechanical Interface SMIF Stream-based Model Interchange Format SMIF Shared Materials Instrumentation Facility (Duke University) SMIF Stanford Management Internship Fund SMIF SMAD4-Interacting Transcription Factor )-based isolation products for semiconductor-manufacturing automation, having won essentially all of this business to date from the five fabs that are operating or under construction by the region's three current 200mm semiconductor-manufacturing customers. About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation systems for the semiconductor manufacturing industry, which enable semiconductor manufacturers to increase their manufacturing productivity and protect their investment in silicon wafers during the manufacture of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , or ICs. Encompassing isolation systems, work-in-process materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable solutions allow chipmakers and original equipment manufacturers, or OEMs, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to: the volatility of semiconductor industry cycles, failure to respond to rapid demand shifts, dependence on a few significant customers, the transition of the industry from 200mm wafers to 300mm wafers, risks associated with the acceptance of new products and product capabilities, competition in the semiconductor equipment industry, failure to efficiently integrate acquired companies, failure to retain employees, losses of market share, and other factors more fully detailed in the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended March 31, 2002 and other reports filed with the Securities and Exchange Commission. |
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